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SEC will seek sanctions against Elon Musk in Twitter probe over failure to appear in court [FOX Business Network]
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US:NASDAQ Investor Relations: ir.tesla.com
The U.S. Securities and Exchange Commission said it intends to seek sanctions against Elon Musk after he failed to appear and testify in court amid the agency's probe into his $44 billion takeover of Twitter, which he renamed X. The SEC is asking for a court order to show cause why the Tesla CEO and SpaceX owner should not be held in civil contempt after he said he wouldn't appear a mere three hours before the scheduled Sept. 10 testimony, Reuters reported. This story is breaking. Please check back for updates.
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- SEC is unhappy that Elon Musk did not give testimony to the financial regulator to attend a SpaceX launch [Business Insider][Business Insider]
- Elon Musk threatened with SEC sanctions for failing to appear in court [TechCrunch][TechCrunch]
- SEC says Elon Musk should be sanctioned if he keeps dodging Twitter depositions [CNBC][CNBC]
- Elon Musk didn't show up for testimony in a probe over his $44 billion Twitter takeover. Now the SEC wants sanctions [CNN][CNN]
- Elon Musk didn't show up for testimony in a probe over his $44 billion Twitter takeover. Now the SEC wants sanctions [CNN][CNN]
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